Ayala-led ACEN said it looks to add another 500 megawatts (MW) in attributable renewable energy (RE) capacity for a total of 3,000MW — or 60% of its goal — by early next...
The country’s drive towards decarbonization is seen as a “massive” investment opportunity with the huge volume of renewable energy (RE) capacity needed to gain significant ground towards a green economy, said global...
Basic Energy Corporation has recently named Oscar Reyes and Reynaldo Gamboa as chairmen of Basic Renewables, Inc. (BRI) and Mabini Energy Corporation (MEC), respectively. Reyes was the former President and CEO of...
In addition to its initial public offering (IPO) for its “solar ranch” in Nueva Ecija, Solar Philippines will be offering green bonds of up to Php4.15 billion, particularly for its Tarlac joint...
The Philippine Stock Exchange (PSE) and Securities and Exchange Commission (SEC) have approved the initial public offering (IPO) of Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of a 500-megawatt (MW) “solar...
Sen. Sherwin Gatchalian revealed that legal studies are on the way to explore possibly allowing foreign companies to own and operate solar plants in the Philippines. At a forum organized by the...
AC Energy (ACEN), has begun construction of a 283-megawatt (MW) solar farm on unutilized land covered by lahar from Mt. Pinatubo in San Marcelino, Zambales, which it says is the country’s largest...
Solar Philippines announced it aims to raise Php1.3 billion through the initial public offering (IPO) of its wholly-owned subsidiary, Solar Philippines Nueva Ecija Corporation (SPNEC), which is developing a 500-megawatt (MW) project,...
As part of their parent conglomerate’s goals of having net zero greenhouse gas emissions, AC Energy (ACEN) has signed a power supply agreement (PSA) with sister firm Ayala Land to provide it...
AC Energy (ACEN), the Ayala group’s energy platform, will be increasing its ownership in its wind farm projects in Ilocos Norte, while also taking over its joint ventures with UPC Renewables in...
